A Friend in need, can I help and make a buck or two ?

[Mark Hawthorne]

HI their, and let me say first, Im new and most of my "Post reading " has been on Wholesailing.

This just came to my attention last night.

Long story short.

My friend was selling homes for an upscale addition ( no RE lic. just the person their at the front of the addition in the model home, did great for the first 9 MO. sold a lot of homes, made great money , had the builders build their home ,,at a good price with lots of extras.

Now moved in just a few mo. ago , now has lost that job , for reasons that ,, well im not shure,,Friend was selling homes faster than anyone , and the builders were way behind, and so were the checks to her, thay still owe her money,, so go figure?

anyway bottem line is, thay are planning on just letting the house go into foreclosure becouse thay dont think thay can sell it and theirs no way to make the payments on what thay make now, and with their credit thay have nothing to lose in their minds.

MY QUESTION IS, ( and you call that the short story ? lol)

ON a New home, no Equity to speak of, and in this market. what would you offer on a short sale,? how much money does the lender risk to lose if when the home owner finally is kicked out and thay are not that nice at removing their items ?

Verses say me or someone making an offer, and knowing that their will be no damages to fix ?

Like i said, i know nothing *( ya think !!)